$410,000
●
House -
Off Market
1455 Knotty Pine Drive
Elgin, IL 60123
4 Beds
4 Baths,
1
Half Bath
1,826 Ft²
$2,614
Est. Monthly
$8
HOA / Fees
8.25%
Cap Rate
About This Property
Welcome to your dream home in Elgin! Nestled in a serene
neighborhood, this meticulously maintained 4-bedroom, 3.5-bathroom
residence exudes charm and sophistication. Conveniently located in
a prime location and impeccable condition, this property offers the
perfect blend of comfort and space.As you step inside, you're
greeted by a spacious and inviting living area bathed in natural
light, ideal for entertaining guests or relaxing with loved ones.
The open-concept layout seamlessly connects the living room, dining
area, and gourmet kitchen, creating a welcoming atmosphere for
gatherings and everyday living. The basement also adds extra space
for entertainment and living space!
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$219
Property Type
House
Property Taxes
$641
HOA Dues
$8
Year Built
1993
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #12025107)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by Epique Realty Inc | $399,990 | |
| Listed by Epique Realty Inc | |||
| Dec 8, 2018 | No longer available | - | |
| No longer available | |||
| Sep 21, 2018 | Listed | $264,900 | |
| Listed | |||
| | |||
|
Check out the 3D Virtual Matterport Tour of this beautiful 4 bedroom, 2 1/2 bath home in South Elgin High School district 46. One of the largest lots in the subdivision will have you enjoying the fenced yard with heated pool, fire pit, large brick paver patio and screened in porch overlooking it all! Hardwood floors throughout the versatile main level and warm colors throughout. Kitchen with all appliances included has plenty of work space and is bright and open. Vaulted ceiling in family room/breakfast area with sliders to the brick paver patio. This home has been lovingly enjoyed and is ready for it's next owner. Master bedroom includes it's own master bathroom. Full finished basement with separate workout area. This is the one you've been waiting for with easy access to the tollway and Route 20. Plenty of shopping, restaurants and entertainment venues nearby. Close to schools. This is a great property! The manager has listed the unit size as 1790 square feet.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Elgin
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Listed by: Jair Reynaga, Epique Realty Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 12025107
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12025107
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